ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Almost a month before the latest earnings cycle, I chronicled the ascendancy of Facebook (FB) to the top valuation spot among the internet stocks I follow. Twitter (TWTR) lost the top spot thanks to a large post-earnings sell-off in April. Fast forward to the latest earnings cycle and internet-companies delivered even more disruptions. Rising above … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 14, 2014. Click here to read the entire piece.) So now we know that at 8 or 9x times 12-months trailing revenue, an internet-related stock can be undervalued. On June 13, 2014 Priceline (PCLN) offered to buy OpenTable (OPEN) for … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 20, 2013. Click here to read the entire piece.) This post rides piggyback on a recent Seeking Alpha Market Current quoting concerns from Art Cashin (formerly featured on CNBC) regarding “a bubble in cloud/mobile tech names” and is a follow-up … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag.) T2108 Status: 30% VIX Status: 33 General (Short-term) Trading Call: Hold Commentary The S&P 500 ended the day flat … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 39% and Neutral General Trading Call: Cover a few shorts, identify a few longs, otherwise hold. Commentary T2108 dripped down to 39% and is now officially within my downside … Read more